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2o�oo�s54 (C) "T..�ender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of TH E 57AT E 0 F N E 6 RAS KA Lender's address is 113-115 N LOCUST S7 Pq BOX 160 GRAND ISLAND NE 68802-0160 Lender is the bene�ciary under this Security Instrument. (D)'"Trustee"is EQl1ITABLE BANK (E) "Note" means the promissory note signed by Borrower and dated 0 C t o b 2 r' 2 2, 2 010 . The Note states that Borrawer owes Lender SIXTY $EVEN THOUSANQ AND 00/100 Dollars (L7. S. $ 67 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and ta pay the debt in full nnt 1ater than November 1, 2040 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property. ,� (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instx plus interest. (H) 'Riders" means all Ridars to this 5ecurity Instrument that are executed by Borrower. The following Riders are to be executed by Bnrrower [check box as applicable]: � Adjustable Rate Rider 0 Condorninirxm Rider � Second Home Rider � Balloon Rider ❑ Planned Unit Develapment Rider ❑ 1-4 Family Rider � VA Rider �] Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinians. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessxnents and other charges that are imposed on Borrawer or the Property by a condominium association, honaeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, camputer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" rneans those items that are described in Sectian 3. (M) "Miscellaneaus Proceeds" rneans any compensation, settlernent, award of damages, ar proceeds paid by any third pariy (other than insurance proceeds paid under the coverages described in Section S) for: (i) damage to, or destruction af, the Property; (ii) condemnatian or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepres�ntations of, or omissions as tn, the value and/or condition of the Property. (N) "Mortgage Insuranee" means insurance protecting Lender against the nvnpayment of, or default on, the Loan. 230945 NEBFtASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT �-B�NE) (D811) Page2 of 15 Initials: � FOflll 3028 7/01